There are few investments quite as solid as earning a bachelor’s degree in engineering. According to the National Association of Colleges and Employers, the average starting salary for the Class of 2018 was $50,944, and the top-paid graduates were engineering majors.
College may not pay off for all students, but those who pick their majors and alma maters wisely have a better chance of getting a return on their investment. That’s according to a new study from compensation-data firm PayScale, which analyzed salaries of graduates from thousands of colleges and universities across the U.S.
The concentration of wealth is increasing, income gaps are widening, economic growth that doesn't equate to employment growth is seemingly the new norm, ROI in capital and technology usually is better than labor, and future tech can replace much of human physical and mental labor. As a result of these and additional factors, more than 450 futurists and other experts related to future work-technology dynamics from 50 countries shared their views. Jerome Glenn, CEO, The Millennium Project, discusses the three alternative global scenarios.
A three-year international study by The Millennium Project identified 93 actions and assessed each action by hundreds of futurists and related experts in 50 countries. This international long‑range study includes three detailed scenarios to 2050 and assessments of 93 actions. The actions are the results of 30 national workshops in 20 countries.
The U.S. Army is struggling to staff, train, and equip its new cyber and electronic warfare units, and officials haven’t assessed how those challenges will affect the Pentagon’s digital capabilities, according to a congressional watchdog.
Getting a college degree may no longer be significant for people’s careers, according to an expert in the education sector. Speaking to CNBC’s “Street Signs Europe” on Monday, John Fallon, CEO of education company Pearson, said shifting career expectations and longer life expectancies were reducing the importance of receiving a college education.
How can employers and communities prepare for the future workforce needs and ensure inclusion? A new report from Brookings, “Skills and Opportunity Pathways Building an Inclusive Workforce for the Future,” authored by Makada Henary-Nickie, fellow and Hao Sun, research analyst, examines what the future workforce will look like and what it will need to thrive.
In April, the Congressional Joint Economic Committee found that highly educated adults in their thirties were fleeing rural and postindustrial states to major tech centers like San Francisco, New York, Seattle, and Boston. The report, based on 40 years of Census data, said states in the southeast, New England, and the Rust Belt were losing the most talent to these “winner-take-all” cities. Vermont was one of the hardest-hit states.
If you live in Washington D.C., Houston or Atlanta, it might be time to take a vacation. Those three cities, followed by Seattle and Chicago, are the most overworked cities in the United States, according to a study released by the mobile technology company Kisi this past week.
According to the survey, if U.S. employees could go back in time to age 18, 68 percent say they would focus on a field of study within science, technology, engineering or math (STEM). This sentiment is indicative of the perceived high value of a STEM education and career path over other educational tracks. In fact, 60 percent believe their employer has trouble finding the right workers for these roles today.